The Best Stock Market Lessons I Ever Learned (Life Changing) 📈 107

Speaker 1 Ladies and gentlemen, welcome to the Money Mondays. Our podcast is taking place right here inside of an RV motorhome at the Wild Jungle.

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Speaker 1 the moneymondays.com has a cool overview every monday at 4 p.m pst i actually go live where i teach for 40 minutes and i do a q a um with the audience members the people that are part of that moneymondays.com zoom call so if you can go check out the website

Speaker 1 share the share the website share the social media share the clips etc all those things help all right so this can be a short format episode typically episodes are 40 minutes this one will be even shorter than that we're going to cover one topic the stock market So let's dive in to all things stock related.

Speaker 1 Now,

Speaker 1 just to be clear, I don't do day trading, and I don't recommend anyone do day trading unless you dive deep, deep, deep, deep, deep down the rabbit hole of studying, researching everything, and learn from experts about day trading.

Speaker 1 And even then, it is a tough market because you've got to put a lot of time, energy, and focus into it. And you are up against major, major organizations.

Speaker 1 And if you ever watch like the show Billions, there's there's something called quants you hear about quants all the time those are just super wizards that are behind the screens morning noon and night thinking about every little angle every little detail of every little dollar

Speaker 1 and so i don't recommend day trading unless again you're a super expert and learn everything and even then uh there's some roller coasters that come along obviously because the stock market can be volatile however

Speaker 1 And by the way, you can listen to the episode with Timothy Sykes. He's been teaching about stock trading for years.
There's people out there that are good at teaching it.

Speaker 1 But Timothy's obviously been one of the legends in the game teaching about stock trading.

Speaker 1 But ultimately, what I'm going to talk about is the obvious thing that we don't think about enough about the stock market is you're buying a small little piece of a company, hopefully a company that you believe in.

Speaker 1 And so I'm not going to talk about penny stocks. I'm not talking about gambling.
I'm going to talk about something that's so obvious that it doesn't seem obvious to most people. And here it is.

Speaker 1 You are listening to this right now, probably on an iPhone or an Android or a computer.

Speaker 1 If you are listening to this on an Apple device, iPhone, laptop, iPad, etc.,

Speaker 1 let me ask you a very serious question.

Speaker 1 Do you think that Apple will be here in five years?

Speaker 1 Do you think that Apple will be here in 10 years?

Speaker 1 If you do, And you had a little bit of Apple stock, why would you ever sell it?

Speaker 1 What's the point? If you bought, let's say, something for $1,000

Speaker 1 and then it went to $1,200 and $1,400 and down to $1,300 and then up to $1,500, and just over the course of time, it had fluctuations, but year after year, it kept growing as a business, growing as a company,

Speaker 1 the stock price would become less relevant to you. I've done my investing into the companies that I buy, which is 10 main stocks, based on the company themselves.
And

Speaker 1 when I say less about the price, I don't even think about the price because the price doesn't matter to me the company itself matters if I believe that Amazon will be here in five to ten years and longer and I believe they're gonna go from one trillion to two trillion and two trillion to three trillion will the stock price will adjust along the way will there be different roller coasters and can it shift even if the stock even if a company is doing really well in sales like Tesla Tesla does super good in sales and sometimes their stock drops because of the media or emotion or the economy?

Speaker 1 Sure. But over the course of time, Tesla's stock year after year has gone up.
Tesla has broke record-breaking earnings year after year.

Speaker 1 They sell more cars than some of the most household-named companies that have been around for 80 years longer than them. I want to invest in Tesla.

Speaker 1 Now, people obviously say, this is not investment advice. I'm not a registered bubba financial advisor.
Oh, that's great. I'm talking about something very obvious.
The things that you like,

Speaker 1 if you're willing to spend $500 on Amazon to buy products maybe you should consider buying some Amazon stock if you like Tesla or you own a Tesla well how dare you not own a little bit of Tesla stock

Speaker 1 if you have an iPhone that you paid $1,500 for and you didn't spend $1,500 buying Apple stock you should reconsider what's going on in your world

Speaker 1 here's why let me hurt your brain for a second ready for this

Speaker 1 there is 15 iPhones right

Speaker 1 those iPhones range from 800 bucks to 1,300 bucks on average. And the last couple were like a little bit more.
Let's call it 1,500 bucks.

Speaker 1 So let's just take the average of, let's call it, 1,200 bucks times 15, that's around $20,000.

Speaker 1 So over the 15 iPhones, if each time when the iPhone 1, 2, 3, 4, etc., came out,

Speaker 1 800 bucks, 900 bucks, $1,000, et cetera,

Speaker 1 the same day that you bought that iPhone, the same day you bought Apple stock.

Speaker 1 Okay, $800 phone comes out, you buy $800 stock. $1,100 phone comes out, you buy $1,100 stock.

Speaker 1 If you would have done that, does anybody know, before I hurt your brain, how much those 15 iPhones and your 15 stock purchases of less than $20,000 would be worth right now?

Speaker 1 That's right. Over $1 million.

Speaker 1 I'm just letting it set in for a second. If you just bought $20,000 worth of iPhones, like you probably did, and you bought $20,000 of stock, like I wish you did,

Speaker 1 and you just didn't do anything else, you would have over $1 million

Speaker 1 of liquid Apple stock right now that you could sell at any time, and it'll go right into your Wells Fargo or Bank of America Chase account, like that.

Speaker 1 Let me break your brain again. And I'm not even going to tell you the number because it's so big, it'll hurt your brain.

Speaker 1 Do you have Netflix? I know the answer. The answer is yes.
Okay.

Speaker 1 Over the course of time, Netflix has been between, let's call it $12 and $18 a month. And it's been around for a lot of years.
Imagine if you bought $12 to $18 a month of Netflix stock.

Speaker 1 One of the best performing stocks in the history of the world.

Speaker 1 I didn't say buy $1,200 to $1,800. I said $12 to $18.

Speaker 1 $12. $18.

Speaker 1 So while you're out there in Netflix and chilling, spend $15 and buy some freaking Netflix stock. If you'd have done that since the beginning of the company, I don't even know the math.

Speaker 1 It would take me too long and the number would be too big because it's one of the best performing stocks of human history. And we all watched it unfold in front of us.

Speaker 1 Everyone, we're all at fault, myself included, of not buying enough Netflix stock.

Speaker 1 When we knew, without a shadow of a doubt, they'd go from 100 million users to 200 million, 200 million users to 300 million, 300 million to 400 million. It's just math and time compounding.

Speaker 1 And when stocks go up or down based on emotion or media or timing or economy and blah, blah, blah, all that's irrelevant over the long term.

Speaker 1 The long term being Netflix will go from being worth billions of dollars to tens of billions to hundreds of billions to a trillion. Amazon will go from 1 trillion to 2 trillion to 3 trillion to 4.

Speaker 1 Apple will go from 1 trillion to 2 trillion to 3 trillion to 4.

Speaker 1 These are inevitable things of household name companies. So if you buy from Amazon every single week, you should be buying some Amazon stock.
If you have a Tesla, you should consider some Tesla stock.

Speaker 1 This is not financial advice, blah, blah, blah. It is something for you to think about and consider for yourself.

Speaker 1 If you like a product, you like a business that much to spend your hard-earned money on it, why not buy a little piece of that business that you can afford?

Speaker 1 And by the way, if you can only afford $100 of stock, that's fine. If you can happen to afford $1,000, $10,000, $50,000, a million, gazillion, that's all whatever is comfortable to you.

Speaker 1 It should just be a consideration, a wake-up call.

Speaker 1 And I think you can hear it in my voice, the frustration that you are listening to this in an Apple Related product and you don't have enough Apple stock You're might be listening to this in a Tesla right now, or you might be waiting for your Amazon delivery while you're listening to this and you don't have Amazon stock and you fell asleep watching Netflix last night

Speaker 1 and you don't have enough Netflix stock you just should be considering the companies that you like so think to yourself Where do you shop? What do you buy? What do you like? You like Ford?

Speaker 1 You like Walmart? You like Google? Whatever. Think about the companies that you like and research them and see if that stock might be a fit for you.

Speaker 1 But not today trade.

Speaker 1 To buy a piece of something that you believe in for the long term. Because if you buy Netflix stock today, why the heck would you sell it in two years?

Speaker 1 You think they're just going to stop or slow down? If you bought Apple stock today, why on earth would you sell Apple stock in two years?

Speaker 1 They just released goggles that are like $4,000 and there was a line for blocks. $4,000 when we're supposed to be in recession and they couldn't keep in these freaking $4,000 glasses, these goggles.

Speaker 1 And I've never seen anything like it from a marketing perspective. That they just released a product.
Let me put it to you this way.

Speaker 1 While you're thinking about Apple stock, as I'm yelling at you.

Speaker 1 Do you know that the Apple AirPods just the AirPods, the little $200, $300 AirPod headphones that go in your ear?

Speaker 1 Do you know if that was its own business, it'd be bigger than pretty much every business in the history of the world?

Speaker 1 The Apple AirPod itself, the one little product that's just a little piece of plastic and headphone that goes in your ear, they do billions of dollars per quarter

Speaker 1 of these little tiny pieces of plastic.

Speaker 1 Do you realize how few companies in the planet history ever do billions of dollars? They've done billions of dollars of selling these little AirPods. And so why would I sell my Apple stock?

Speaker 1 I wouldn't. I don't.
I buy more. Now, when I say I buy more, you have to research for yourself.
What are the stocks that you might like? What are the companies that you might like?

Speaker 1 I am yelling about the obvious ones, Apple, you know, Facebook, obviously owned by Meta. Meta owns

Speaker 1 Facebook, Instagram, and WhatsApp, and they're going to buy more things. They have threads, et cetera.

Speaker 1 If you use all these social media platforms, research Meta. See what you think.
Meta's stock is up a lot this year. It's insane how much it's up.
But that's because they ruled the world.

Speaker 1 They have billions of users. They make a ton of money from ads.
And so you should be considering it.

Speaker 1 I'm not saying you have to go buy meta stock, because I'm not telling you you have to buy any stock. The point of this is for you to think about and open your eyes.
Like, wait a minute.

Speaker 1 I use meta, Facebook, Instagram, WhatsApp all the time. Maybe I should buy $100 a stock or $1,000 of stock, whatever I can afford.
Wait,

Speaker 1 all my family members have Teslas. Maybe I should buy a little bit of Tesla stock.

Speaker 1 And then consider, over the course of time,

Speaker 1 what's called dollar cost averaging. You don't have to do it on purpose.
It just will happen naturally. You buy in $1,000.

Speaker 1 You can afford to buy another $400 of stock next year. And then all of a sudden you make some extra money.
You can put in two grand. Fantastic.
Now, $200, $500.

Speaker 1 You just keep adding every month, every quarter, every year, whatever you can afford, whatever time frame you can be in. You just keep adding, buying more of the same stock.

Speaker 1 I only have 10 stocks in my portfolio, and it doesn't change for anyone. Here's why.

Speaker 1 I don't care about your shiny new object syndrome. It's not better than Apple.
So you might have some hot new company. I believe you.
And by the way, it might do fantastic. I don't care.

Speaker 1 I got Apple and Walmart and Netflix and Amazon. I have household name companies that I buy their stuff as a consumer.

Speaker 1 And I know my staff, my friends, the companies I invest into, they use their products also.

Speaker 1 That's the rocket science, right?

Speaker 1 It's just so obvious to me that when humans are buying something at scale and the product is great, the delivery is great, the pricing is effective, and people love it, I want to own a piece of that company.

Speaker 1 That's it.

Speaker 1 And so if I can go buy a thousand bucks of their stock, And again, when I say thousand, it could be 10 grand, a million, it's up to you, whatever you can afford, a hundred bucks, doesn't matter.

Speaker 1 If I can go buy a thousand bucks of their stock, I own a little piece of that company, like Apple, Google, Netflix, Meta, et cetera.

Speaker 1 We are consumers of these brands, yet we're not buying in and investing into our future and their future, especially when it's a foregone conclusion. Meaning, we know without a shadow of a doubt

Speaker 1 that these companies, like the Amazons, like Meta, like Netflix, They're not going anywhere.

Speaker 1 Even if something crazy happens in our society, companies like this fight through it and they have a bunch of different divisions,

Speaker 1 humongous bankrolls, like humongous, tens of billions of dollars in cash. And so they can fight through, like we watched them fight through what happened in 2020 during the shutdown.

Speaker 1 They can fight through anything.

Speaker 1 And they're not all based on any one person.

Speaker 1 Now, Tesla, from a marketing perspective, that's the one that is based on the character, Elon Musk.

Speaker 1 And I say the character because his tweets, his actions can sway the stock quite considerably in any given day however

Speaker 1 no matter what happens from an Elon Musk tweet making the stock go up or down it's irrelevant to the fact that record-breaking earnings happen for Tesla year after year after year they go sell a million cars at $56,000 average for example

Speaker 1 holy smokes they're they're doing more than forward in sales that what else do you want to know right and so as I'm saying these names of these companies

Speaker 1 as I'm saying in a different fashion than you've ever heard before I'm just being really blunt about it for a reason

Speaker 1 you and I want you to just think about wow I'm driving this type of company car right this second maybe I should look at their stock wow on my phone I use this app this app this app or I buy from this company this company this company or I love this retailer this retailer retailer maybe I should research their stock

Speaker 1 again

Speaker 1 the price of today is irrelevant of how I want to be in it for the long term. If Apple's stock was $200 today, I wouldn't care if it went to $220 or $180 or whatever.
It doesn't matter.

Speaker 1 I want to own it when it's $300, $400, $500, $600. I want to own it forever.
I like to invest into things that I'm never going to sell.

Speaker 1 I like to invest into things that I'm never going to sell. And in my mind, my Amazon stock, my Netflix stock, my Facebook stock, like, why would I sell these stocks?

Speaker 1 These are companies that I believe in that are going to go from $1 trillion to $2 trillion to $3 trillion to $4 trillion to $5 trillion. I believe in them for the long term as a business perspective.

Speaker 1 I don't care about the stock fluctuations along the way

Speaker 1 because year after year, they are going to perform from an earnings perspective, and they're only going to get smarter, faster, more efficient.

Speaker 1 They're going to keep hiring more teams, buying more companies, and just becoming more and more efficient versions of themselves.

Speaker 1 And so, when you watch some of these brands go through crazy things and still figure it out and their stock fights through year after year. Look at what Disney went through.

Speaker 1 Disney had millions of people a day going to their live entertainment parks around the world.

Speaker 1 And then in March of 2020, the entire world shut down and you couldn't go anywhere near any Disneyland or any Disneyland related theme park anywhere on the planet. Think about that for a second.

Speaker 1 How the heck did this company who's been around for like 90 years survive when

Speaker 1 it was only supposed to be two weeks till they find the cure?

Speaker 1 And two weeks became many, many months, if not years, before people felt comfortable to go to Disneyland and all the different related parks that they own.

Speaker 1 Millions of people per day

Speaker 1 would spend money at Disney-related products all over the planet. That's hundreds of dollars per person.
You can do the math. Hundreds of dollars times millions of people.
Holy smokes.

Speaker 1 They're missing out on hundreds of millions of dollars every single week.

Speaker 1 and their stock went up

Speaker 1 during the shutdown when everyone thought that Disney, which it should have, in all terms of reality, should have had to go bankrupt.

Speaker 1 Disneyland had large format theme parks all over the world with millions of visitors coming through each week,

Speaker 1 and now it's closed with no sign of when they could reopen.

Speaker 1 And their stock went up. Why?

Speaker 1 Because

Speaker 1 these companies are nimble and they're going to figure it out and Disney came up with what's called Disney Plus.

Speaker 1 And that's where we got

Speaker 1 one of the best shows ever called The Mandalorian.

Speaker 1 And The Mandalorian became a huge hit. Disney Plus became humongous and they brought in billions of dollars of revenue and Disney fought through it.

Speaker 1 And now all their theme parks are back open and good luck. getting tickets because they're freaking sold out sometimes at Disneyland.

Speaker 1 And now the prices went up to like 120 and 155 and some crazy amounts of money

Speaker 1 like a family of four costs you like 500 800 bucks now which is insane and guess what still sold out still getting hundreds of thousands of people per day millions of people per week blah blah blah blah at these crazy numbers and so the moral of the story is

Speaker 1 I like to bet on companies from the actual business perspective and I don't really care about the current price of the stock.

Speaker 1 I'm looking at the long-term value of the business and I prefer to buy into stocks, into businesses, into companies that I'm never going to sell the stock. And so putting in smaller amounts of money

Speaker 1 over and over and over to me is much more compelling. So let's say you've got 10 grand saved up.
Again, the number could be 5 grand, it could be 500,000, it could be $56 million.

Speaker 1 The number is just the concept.

Speaker 1 So let's say you've got 10 grand saved up and you're like, all right, Dan, you've been yelling at me for half an hour now. All right, I'm ready to buy some stock.

Speaker 1 Don't buy any one stock. So if you have that 10 grand saved up, that theoretical number, no matter how much I like Apple, I don't tell you, oh, just just go buy 10,000 of Apple.

Speaker 1 Split it up amongst things that you like. So, in this example, Walmart, Google, Meta, Tesla, Amazon, and buy 1K, 2K, 3K of those, let's call it half a dozen different stocks.

Speaker 1 Now, you've got a stock portfolio, right? 10 stocks. You bought 1K, 2K of each one, maybe 3K of one that you like the most, and now you've got yourself a half dozen stocks.

Speaker 1 Then, over the course of time, when you have some extra capital, throw in another thousand bucks, five grand, five hundred bucks, twenty grand, two grand, whatever you can afford and you keep doing that over and over and over

Speaker 1 you will be shocked what happens to your portfolio over the long term

Speaker 1 no one can promise you or tell you what's going to happen along the way the roller coasters along the way what we can talk about is year after year for decades these companies have continued to grow in sales in staff in execution in locations etc

Speaker 1 and so if you find things that you like find business that you like get a comfortable amount that you're willing to put into

Speaker 1 those stocks, and just keep adding to that over and over and over, you can build yourself a good stock portfolio. Now, along the way, you might see some shiny objects.
That's on you.

Speaker 1 I look at that more like gambling. Can you do really well at that? Of course you can.
Can you get crushed and do really bad? Of course you can. I don't look at stock market that way for myself.

Speaker 1 I don't want to think about it. I want to think about my core businesses, making money in my businesses,

Speaker 1 and then invest into stocks, invest into things that i believe in over and over and over so you've heard me say a lot of the names that i believe in research them for yourself do your own research it's called d-y-or-r do your own research about the things i'm talking about but nothing i'm saying is rocket science i'm just talking about household name companies for you to look up and think about maybe i should own some amazon stock maybe i should buy some netflix maybe i should own Meta.

Speaker 1 Maybe these companies that I buy from are things that I should own a little piece of. And especially if you're listening about Apple.
Again, Apple stock is going to go up and down.

Speaker 1 There will always be roller coasters. But over the course of time, to me, a company is going to go from $1 trillion to $2 trillion, $2 trillion to $3 trillion, et cetera.

Speaker 1 And so when you're thinking about the stock market for yourself, research companies that you like, research companies that you shop at, check out these things. You can use apps.

Speaker 1 like Robin Hood and E-Trade. You can buy stocks really fast, really simple from an app.

Speaker 1 If you ever need the capital, it can go right back into your bank account within the same day or next day, depending on what time you you do the withdrawal and so you still have access when you buy stocks if you need that cash again i'd rather you buy a smaller amount that you don't need the cash right so let's say you have four grand a month in overhead and you're making 80 grand a year right well i don't want you to have 70 000 of stock right i don't want you to put all of your eggs in the basket you've been saving up for years and you've got 70 grand saved up and you put it all into the stock market i'm not asking you to do that putting a comfortable amount into the stock market they can keep adding to quarter after quarter year after year buying more as you get more and more cushion more and more capital coming in from your job or from your investments and just keep adding to the portfolio of the stocks that you like

Speaker 1 and if you do that you stick with it and you don't get some amount in there that makes you feel uncomfortable that you want to sell it or have to sell it for needs

Speaker 1 you will be pleasantly surprised over the course of time what can happen. Now, imagine if you did this for your kids.

Speaker 1 Imagine you did this for your six-year-old and your three-year-old, and you bought them one share of Apple and one share of Google and one share of Netflix and one share of Facebook.

Speaker 1 Or at the next birthday party, instead of getting presents, you asked them to,

Speaker 1 I'll buy your kid one share of Apple or one share of Google or one share of Tesla.

Speaker 1 It's a really compelling concept when you just think about what these stocks have done performance-wise over the last 10 or 20 years each. They're up thousands of percent each.

Speaker 1 Not like a little bit, not like putting a thousand bucks and now it's worth two or three three grand no you put a thousand bucks it's worth like ten or twenty thousand or even more depending on the stocks that we're talking about the companies we're talking about

Speaker 1 these are some of the best performing stocks of all time but we watched it unfold it wasn't like we didn't know amazon was going to get super big it wasn't like we didn't realize that netflix was going to get bigger and bigger like we just watched it happen and so

Speaker 1 As you listen to me yell and now be a little bit quieter, do your research, check on the companies that you like, consider investing into the stock market, only at comfortable amounts that fit for you into businesses that are compelling to you

Speaker 1 as you know the money mondays is really important to me we spend a lot of money time and energy on this podcast if you can share it like it comment subscribe forward it post on your stories tweet about it facebook whatever you can do to help us continue to get the word out there we want people to have these blunt discussions about money and so if you could share the money mondays with people out there in the world visit us at the moneymondays.com research yourself everything you can about the stock market of things that you might like to invest into talk with your significant other your parents your family people in your household maybe you guys can have some fun pick some stocks together

Speaker 1 throw a small amount of money in there together and just learn about the stock market and enjoy it and then when you feel comfortable or you've got a bunch of money saved up or maybe I'm talking you're already a gazillionaire fantastic

Speaker 1 just think about from the stock market perspective not from the trading perspective long-term investments in the companies that you like

Speaker 1 enjoy yourselves research and I'll see you guys next money next Monday on the money mondays